TTS AGRO AS

2337 TANGEN

Finances

Share Ownership

Return on Equity

−27,06 %

Current Ratio

1,27

Debt-to-Equity Ratio

1,46

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 529 000	5 488 000	3 139 000	10 551 000
Net Income	−213 000	−412 000	−193 000	3 113 000
Total Assets	4 885 000	4 660 000	998 000	6 828 000
Total Equity	787 000	250 000	162 000	355 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 529 000	5 488 000	3 139 000	10 551 000
Expenditure	13 678 000	5 952 000	3 419 000	7 894 000
Operating Profit	−149 000	−463 000	−279 000	2 656 000
Financial Income	3 000	10 000	31 000	1 121 000
Financial Costs	124 000	55 000	32 000	83 000
Financial Balance	−121 000	−45 000	−1 000	1 038 000
Earnings Before Tax	−270 000	−509 000	−280 000	3 694 000
Tax	−57 000	−97 000	−86 000	581 000
Net Income	−213 000	−412 000	−193 000	3 113 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 153 000	1 635 000	0	4 000
Total Current Assets	3 732 000	3 024 000	998 000	6 824 000
Total Assets	4 885 000	4 660 000	998 000	6 828 000
Total Retained Equity	−620 000	−407 000	5 000	198 000
Total Equity	787 000	250 000	162 000	355 000
Total Long-Term Debt	1 152 000	1 470 000	455 000	0
Total Current Debt	2 946 000	2 940 000	382 000	6 473 000
Total Equity and Debt	4 885 000	4 660 000	998 000	6 828 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	12 778 000	5 487 000	3 139 000	7 251 000
Other Income	751 000	1 000	0	3 300 000
Revenue	13 529 000	5 488 000	3 139 000	10 551 000
Cost of Goods Sold	8 120 000	3 512 000	2 273 000	5 023 000
Salary Costs	1 833 000	789 000	314 000	514 000
Depreciation	245 000	96 000	4 000	11 000
Impairment	0	0	0	0
Expenditure	13 678 000	5 952 000	3 419 000	7 894 000
Operating Profit	−149 000	−463 000	−279 000	2 656 000
Financial Income	3 000	10 000	31 000	1 121 000
Financial Costs	124 000	55 000	32 000	83 000
Financial Balance	−121 000	−45 000	−1 000	1 038 000
Dividends	0	0	0	3 800 000
Net Income	−213 000	−412 000	−193 000	3 113 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	199 000	1 635 000	0	0
Fixtures	954 000	0	0	4 000
Total Tangible Assets	1 153 000	1 635 000	0	4 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	1 153 000	1 635 000	0	4 000
Stock	617 000	1 809 000	218 000	159 000
Total Investments	0	0	0	0
Cash, Bank	482 000	393 000	349 000	4 998 000
Total Current Assets	3 732 000	3 024 000	998 000	6 824 000
Total Assets	4 885 000	4 660 000	998 000	6 828 000
Total Equity	787 000	250 000	162 000	355 000
Short-Term Group Debt	0	1 550 000	0	0
Total Long-Term Debt	1 152 000	1 470 000	455 000	0
Creditors	2 421 000	984 000	220 000	395 000
Unpaid Taxes	315 000	301 000	89 000	1 001 000
Dividends	0	0	0	3 800 000
Other Current Debt	210 000	105 000	33 000	4 475 000
Total Current Debt	2 946 000	2 940 000	382 000	6 473 000
Total Equity and Debt	4 885 000	4 660 000	998 000	6 828 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−27,06 %	−164,8 %	−119,14 %	876,9 %
Debt-to-Equity Ratio	1,46	5,88	2,81	0
Operating Profit Margin	−1,1 %	−8,44 %	−8,89 %	25,17 %
Current Ratio	1,27	1,03	2,61	1,05
Quick Ratio	1,6	2,67	6,09	1,08
Equity Ratio	0,16	0,05	0,16	0,05
Gross Profit Margin	39,98 %	36,01 %	27,59 %	52,39 %